Federal government invests in seven hydrogen-focused cleantech projects in Alberta
Aurora Hydrogen, Quantiam Technologies, Innova Hydrogen receive a collective $5 million.
Funding
Economic development agencies dole out $30 million to AgTech, AI, EV development
Wyvern, Pure Life Carbon, and Aethon Aerial Solutions among those supported by latest PrairiesCan, FedDev funding.
ISED invests $120 million to build out CMC Microsystems’ semiconductor network
The FABrIC network looks to provide resources to foster semiconductor innovation in Canada.
Tall Grass Ventures closes $32-million VC fund for early-stage Canadian AgTech startups
TGV sees room to be “translators” and connect other investors to the AgTech sector.
Canadian-founded, New York-based AI startup Clay closes $63-million CAD Series B
Launched by McGill grads, Clay aims to help automate sales.
Eric Sprott-backed Argo Digital Gold secures strategic investment from WonderFi, Paxos
Funded by industry leaders, Argo aims to offer “seamless crypto-to-gold trading.”
Raven Connected intends to grow workforce by 25 percent with Series A funding led by Telus Global Ventures
Connected car startup uses machine vision to track and analyze company vehicles and drivers.
Former Team Canada support staff secure $1.3 million to deliver Olympic-level corporate team building
Innerlogic seeks to speed up the path to better workplace culture with AI.
Following pivot to enterprise SaaS model, Haloo closes $4.7 million CAD
Startup has made key hires as it looks to scale from hundreds of SaaS customers to tens of thousands.
Healwell AI invests $2.7 million CAD into Elon Musk’s xAI to tap into company’s expertise, resources
Healwell CEO touts access to xAI’s closed developer program as big potential benefit.
e-Zinc powers up with $42 million CAD to validate energy storage solution in the field
With beefed-up leadership team, CEO feels Chris Hadfield-backed e-Zinc is ready for pilot production.
Gaiia closes $18-million CAD Series A as it looks to build the Shopify for ISPs
Startup targets challenger internet providers with all-in-one operating software.
IGM Technology joins Lead Edge Capital’s portfolio with strategic investment
The $5-billion growth equity firm counts Alibaba, Bumble, Uber, and more among its portfolio.
Fed invests $2.4 million into two Ontario accelerators
New investments into Spark Centre, Georgian Bay Business Accelerator expected to support over 600 entrepreneurs.
INOVAIT and federal government invest $10.7 million across seven image-guided therapy tech projects
Private contributions bring the collective project values up to $32 million.